https://www.referyourchasecard.com/m/21/6L5/FTWS/1550271745 Earn 80,000 bonus points with Chase Ink Business Preferred. I can be rewarded, learn more. this reminds me that i need to try and get one in my wifes name
Just each get your own. You can even refer her next year Also unless you're cash strapped don't you dare cash out for money
3 kids, 2 with private school tuition. So yes cash strapped with no personal travel plans involving airfare or high end hotel in next couple years. We do beach house rentals in driving distance where UR points don’t have utility. Airfare x5 is just huge obstacle. And spending that much with young kids who won’t remember or value it is out of sorts. Going overseas is a coupe years out. When youngest is in school wife may re-enter workforce and change circumstances a bit/unlock more significant travel options, or my income could continue to climb. Just resigning that we’re on a 2 year or so proximate no fly zone. So with that additional context... much less utility from personal flights or hotels for next 2-3 years.... Is the above at least an accurate assessment of value?
Moorea is definitely on the list. Heard it’s incredible. Anything you can recommend would be awesome. Doing the overwater bungalow for three nights in bora bora
Luckily capital one venture card will pay for a nice chunk of one night in bora bora. Ya know, since I’m a loyal customer.
If it's right for you, don't listen to the nerds in this thread. If making your wife happy is worth a suboptimal value on your points, go for it.
Definatly do what works for you in your situation. If you don't have any plans to travel in the next few years it makes more sense to cash them out. Just realize that the cash out value is the the lowest you can get generally. If you're looking to maximize cash back for phone and internet stuff. The chase ink cash card gets 5x back on those with no annual fee. Lower welcome bonus and doesn't have the phone insurance though.
Just curious for those folks who are not churning, but do have multiple cards. Which ones are you pairing? Looking like Sapphire Reserve makes sense, and then adding...
If you travel a lot, whatever your hotel and airline preferences are and the corresponding cards for those.
If I understand the Ultimate Rewards partners correctly, I can use them for Hyatt and Marriott for hotels and then Southwest and United for airlines I'd most likely use. So basically, if I really like American or Southwest--grab another card for them. I do really like Delta, though. Is having a Delta Sky miles card dumb, since I think my Reserve card wouldn't also accumulate points toward flights with them? Edit: I believe I wasn't seeing an exhaustive list. It appears you can redeem Ultimate Rewards for Delta. So then it's really just deciding if I like Southwest or Delta better to decide which additional card makes sense.
The most value you can pull over five years by number of cards, in my opinion: 1. CIP 2. SW double dip 3. SW double dip and CIP 4. SW double dip, CIP and CSR 5. Above and Hyatt if you don't travel for work or Aspire if you do This is very general and doesn't apply to everyone
They have no travel partners. But the companion pass is the biggest money saver in the game for couples in southwest markets
To clarify, CIP is Chase Ink Preferred, and is that the ordered you would get new cards over the next 5 years or just a combination of those plays?
Ok, makes sense. So if you're doing 3 cards, then in your mind, SW double dip and CIP > SW double dip an CSR?
I use my CSR for all travel related purchases, unless I'm buying flights on United and might potentially check a bag, then I'll use my United Explorer card. United is our general preferred airline, so that card made sense since we can transfer UR points to them. I also like that card for the two annual United Club passes as there's a couple domestic airports we layover in occasionally that the Priority Pass is not useful, so that is worth the $95 fee to me. I also chose Hyatt as our main hotel for the 60k bonus but also since it's a Chase transfer partner as well, and the free night once a year justifies that annual fee. My Freedom Unlimited is my every day spend card and I try to get the max value out of the Freedom 5% categories. I plan on keeping the CIP and put both of our cell phones on it so $95 annual fee for double insurance is great
I book all travel on the CSR, even if it “costs” me a checked bag occasionally. Having that travel delay reimbursement has saved my ass numerous times now.
Yes. 80,000>50,000 by so much that makes up for everything else Edit: assuming you have another card with priority pass
The United card has delay coverage as well. I will qualify my statement though and say the only times I've done that have been when I've taken my golf clubs and was in a place where I didn't need that coverage; if and when I take a bigger golf trip overseas I'd likely use the CSR
CSR AmEx Blue Cash Preferred (3:1 on gas and groceries, but really only get cash back) Alaska Airlines (annual companion pass)
No but if you're opening up a card you take the csr bonus and forget about the pennies you're losing on groceries $1200 now and 1.5% back v. $200 and 3% back You'd need to spend $66,667 at the grocery store (without spending any money at restaurants or in travel) to catch up to me. Plus CSR's many other benefits that justify the fee
If I hit a bonus in 2018 but the statement closing date is 2019 that bonus would be applicable to 2019 correct? Scenario: Have the Delta Reserve and want to make sure the 15k MQM hit my account in Jan so they don’t go to waste in this calendar year.
I'm a med student graduating in May and looking to take better advantage of points/cash back. I've read the OP and done a bunch of research but got a few questions. current financial situation: 100k student loans, two cards 1. Wells Fargo college card (oldest card keeping open for the history) 2. Chase freedom unlimited (applied last week, the card should come in the mail this week. $200 back after spending 500 in first 3 months sign up bonus) 1. Churning is basically applying for cards for the signup bonuses and using that as your primary card until you hit that mark then basically rinse and repeat, correct? 2. Plan was to apply for the CSP this summer once I can more comfortably hit the $4,000 signup bonus mark (really should have done this for interview season) to be able to convert my rewards from the CFU to UR rewards. Would this be the best move? 3. As someone planning on spending only around 1500/month, would it be better to just focus on chase UR, or would churning still be beneficial? My concern is basically my rewards would be diluted over several programs and wouldn't be able to use them as efficiently Looking for most bang for my buck, not one specific thing
meeting minimum spend requirements on a resident salary won't be easy unless you have a spouse and doubt you'd be able to leverage points/free nights of a hotel card that well until post residency due to lack of time off flexibility can do lower minimum spend req cards to stockpile points, most would say wait to do CSR/CSP until you can double dip but if you got one or the other now then downgraded by end of residency you could do the double dip then (verify this). can churn it'll just be slower and need to really make sure you can hit spend (or god forbid manufacture spend) could have crushed a CSR/CSP double dip in interview season, think when wife was interviewing we dropped like 10-15k. i like having diverse buckets of points as long as I can keep the accounts and points active
Lyrtch gave a good answer but to add, bonuses are always more valuable than regular spend. You'd make maybe 30,000 UR ($450) per year on your projected spend. That's less than most bonuses alone. $1500/mo can get you $4500 in bonuses pretty easily Dilution is real but the value difference is so large it doesn't matter
Thanks for the responses The flexibility thing of intern year is a good point. I'm doing Urology (hopefully) which is 5 years so I could do the get CSP now then downgrade and double dip when I start making some real money. I should have another 1500-2k/year in educational stipends that the programs will reimburse me for that would also help with spend requirements. Plus reimbursement for going to conferences. Also yeah I probably cost myself easily a grand by not researching this before interview season. Or with boards for that matter
So I'm a little lost. I'm not opening up anything, I was just responding to the cards I regularly use (CSR, AmEx Blue Cash Pref, and I have my netflix on autopay on my Alaska air card, only use it for the companion pass). I use my AmEx for gas and groceries only. Literally every other purchase I put on my CSR. Would I be better served to ditch the AmEx and use the CSR solely, or do I get more value with my current situation?
He gave a list of things to open. Think you misunderstood and posted a list of what you use, and he thought it was a list with the same parameters as his.
Yea I don't really churn or open up cards anymore. Maybe in the future for a specific trip I have in mind, but I spend a shitload on my CSR and accumulate points pretty fast. Even though the Blue Cash Pref is only cashback, it also accumulates pretty fast (Whole Foods cunt )
You basically just sign up for their 60k when you spend 3k in 3 months offer and then keep opening up new cards when you hit the bonus. Can do like 6 a year and just cruise through points
These? https://www.aa.com/i18n/aadvantage-program/miles/partners/credit-card/aadvantage-credit-cards.jsp
Yeah. Looks like they lowered it to 50 but I get 60 mailers all the time. You want to sign up for that, then message them and say you saw online a 60k offer and ask them to match. They will Then sign your dog up for an Aadvantage account and you'll get the mailers and have unlimited codes to keep opening new ones. I'm on like card 9 or so about to open a new one. Ohhai is on 12 or so probs
Is it strictly American Airlines flights, or is it like the Chase UR portal? I'm sure AA has some partners, too. Was thinking for international
They're AA points but they have a ton of partners. You can use the British airways booking portal and it will populate all their partner flights. AA portal doesn't do that by itself